Business & Finance
Australia’s Maritime Union Launches Offshore Wind Campaign
The Maritime Union of Australia has launched a petition calling on the State and Federal Governments to support offshore wind and fund a just transition.
AGS Inks North Sea OBN Survey Deal
Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS) has signed a letter of intent with an undisclosed oil company to start an OBN survey in the North Sea. The work is expected to begin in the second quarter of 2020, after fulfillment of certain conditions, AGS said in Monday’s Oslo
Piraeus Bank, ORIX Corporation to Provide Financing for Greek Maritime Sector
Piraeus Bank, ORIX Corporation to provide financing solutions to the Greek maritime sector.
Wärtsilä Thrusters for Bokalift 2
Wärtsilä will deliver thruster solution for Boskalis’ vessel-conversion project to create the crane vessel Bokalift 2. The deal, secured in December last year, will see technology group supply four retractable steerable thrusters and thruster controls, as well as two tunnel thrusters. The retraction
Funding Secured for Cheesequake Creek Dredging
Congressman Frank Pallone, Jr. has just announced that the U.S. Army Corps of Engineers will allocate $4.1 million in federal funding for the dredging of Cheesequake Creek in Middlesex County. “This funding is great news for New Jersey and will greatly improve the ability of boaters to access and en
TOP Ships’ JV Offloads MR2 Pair
TOP Ships’ JV sells M/T Holmby Hills and M/T Palm Springs.
Diamond Princess Crew Allowed to Return Home as Coronavirus Claims 3rd Life in Japan
Seventy crew members of Diamond Princess infected with the COVID-19 virus.
Port Solent Dredging Scheme Begins Today
ML (UK) Dredging Ltd of Portsmouth, Hampshire, is about to begin a routine maintenance dredging of the Port Solent Approaches, according to the Queen’s Harbor Master Portsmouth. As reported, dredging of the Port Solent Approaches will begin today (24 February 2020). Dredging operations – to be condu
Turkey Bay, Wiggins Channel Dredging Progressing Well
This spring City of Marco Island residents will be able to enjoy a wider and more robust section of South Beach between the Belize at Cape Marco Condominiums and Marbelle Club Condominiums, Collier County said in their latest release. The beach in that section will soon be refurbished with approxima
GCX Repairs Red Sea Links
Global Cloud Xchange (GCX) subsea cables FALCON between Muscat and Suez, and FEA between Mumbai and Suez, are back in business following cuts offshore Port Suez in the Red Sea. GCX mobilized a cable ship through its partner in the Middle East, E-Marine to support with the repairs. The repairs of FAL
Restoring Kissimmee River Basin
J.E. McAmis and subcontractor Herve Cody are hard at work finishing the C-38 Project on the Kissimmee River in Florida. This project was designed to help restore natural flows to the Kissimmee River Basin. In all, J.E. McAmis moved 10 million cubic yards of material on this project. Subcontractor, H
ADM Energy takes further interest in license offshore Nigeria
ADM Energy, an oil and gas investing company, has made an agreement to acquire a further interest in OML 113, located offshore Nigeria, from EER.
Kosmos elects replacement as CFO decides to retire
Kosmos Energy has informed that Thomas P. Chambers, who has served as senior vice president and chief financial officer since November 2014, will retire in May 2020.
Stuart Davies Takes Helm at ORPC
Ocean Renewable Power Company (ORPC) has recently appointed Stuart Davies as the company’s new CEO. Davis has succeed Chris Sauer, ORPC’s co-founder and CEO since 2006. “I am thrilled to turn over the reins of ORPC to such a passionate, intelligent and intuitive professional,” Sauer said. “Stuart is